More nimble less burocracy . No delusional expectations from employees. The management does not just focus on their bonuses exclusively at the cost of actually getting things done in an organized logical way. Privately owned companies are more customer centric .
Because if iFeds want to change the perspective of the financial course of the country,they will start with Dow and Nasdaq, which could direct affect your stock price, rather you own common stock , lower b stock
It can be more profitable to the owner since profits don't have to share with different stockholders.
I am not really taking into account "this" economy, but simply believe from soul and observation that slow and steady wins the race. The "public" is a heterogeneous, troublesome mix of which the stock-buying kind tend to have more concern on the bottom line, than the all the significant details-and necessary expenses-that create and MAINTAIN it.
The owners get to impact their business based off their individual needs as the business climate changes.
kjkij
The economy needs diversity. I believe the trend of publicly owned business' has created a society that do not care about the product or service rendered due to being a 'stockholder' and not an 'owner'. Quality goes down and inflation keeps going up. As a privately-owned company can control these, I believe private is the way to bring back under control the some of the economic pitfalls we have seen.
Good day
Am a banker working in the Standard Bank of South Africa am really looking for a foreign company to invest my share there so pleease if you are interesting in doing business with me do let me know so that i may flight to your country and invest in your company . contact on email at coobiesparon@gmail.com
